Amplify Energy Corp.

Amplify Energy Corp. is an independent oil and natural gas company, which engages in the acquisition, development, exploration, and production of oil and natural gas properties. It focuses on operations in Oklahoma, the Rockies, offshore Southern California, East Texas and North Louisiana, and Eagle Ford. The company was founded in 2011 and is headquartered in Houston, TX.

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Amplify Energy Corp. reports Q4 earnings, focuses on cash flow

Amplify Energy Corp. navigated challenges in Q4 2022 with resilience, maintaining positive free cash flow and addressing operational issues effectively.
Strategic focus on enhancing free cash flow, managing debt reduction, and optimizing capital allocation positions the company for future growth.
Guidance for 2023 outlines production targets, capital budget, and free cash flow expectations, signaling a proactive approach to financial management.
The $96.5 million settlement, hedge book strategy, and plans for production restart reflect progress in overcoming setbacks and driving operational improvements.

Amplify Energy Corp. reports robust Q1 performance and strategic refinancing

Amplify Energy Corp. showcased strong financial performance, operational resilience, and strategic initiatives to enhance value and manage debt effectively.
The company's efforts to optimize production, settle claims, and refinance credit facilities position it well for future growth and stability.
Despite challenges from adverse weather, Amplify Energy Corp. remains focused on increasing free cash flow and driving long-term shareholder value.

Amplify Energy Corp. excels in Q2, reaffirms guidance amid market challenges

Amplify Energy Corp. showcased robust operational and financial performance in Q2 2023, supported by efficient production and cost management.
The company's prudent financial strategies, including securing new credit facilities and maintaining a strong hedge position, reflect a commitment to sustainable growth.
While facing industry challenges and uncertainties, Amplify's focus on operational excellence and financial discipline presents opportunities for future expansion and value creation.

Amplify Energy Corp. meets Q3 projections, focuses on value creation

Amplify Energy Corp. demonstrated operational resilience and financial discipline in Q3 2023.
Strategic initiatives and cost-saving measures position the company for sustainable growth.
Despite challenges, Amplify's focus on value creation and liquidity strength bode well for the future.

Amplify Energy Corp. reports robust Q4 earnings and outlines growth plans

Amplify Energy Corp. demonstrated financial strength and stability in Q4 2023, meeting full-year guidance despite market challenges.
Strategic initiatives and cost-saving measures position the company for growth and profitability in 2024, with a focus on operational efficiency and capital allocation.
Challenges related to cost inflation and market volatility require proactive risk management and continued efforts to enhance operational performance.
Opportunities in asset monetization, development programs, and service expansion offer avenues for revenue growth and improved profitability in the upcoming year.

Amplify Energy Corp. excels in Q1 2024, poised for growth

Amplify Energy Corp.'s Q1 2024 performance exceeded expectations, showcasing operational strength and financial resilience.
While facing challenges in expenses and capital investments, the company is well-positioned to capitalize on growth opportunities and enhance shareholder value.
Strategic initiatives, renegotiated contracts, and hedging strategies position Amplify for a promising future despite market uncertainties.

Amplify Energy Corp. reports robust Q3 earnings amidst strategic decisions

Amplify Energy Corp. posts strong Q3 results, driven by production mix and cost optimization.
Strategic decisions on asset retention and sustainability efforts reflect long-term vision.
Challenges in liquidity and capital return require careful management and evaluation.
Opportunities in monetization and hedging strategies can bolster Amplify's financial resilience.

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Amplify Energy (AMPY) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Amplify Energy (AMPY) Soars 8.1%: Is Further Upside Left in the Stock?

HOUSTON, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify”, “Amplify Energy” or the “Company”) announced today that on Saturday, October 2, 2021, Beta Offshore (a subsidiary of Amplify Energy) first observed and notified the US Coast Guard of an oil sheen approximately four (4) miles off the coast in Southern California and initiated its Oil Spill Prevention and Response Plan.

Southern California Oil Spill

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Calyxt

ReShape Lifesciences

When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

5 Penny Stocks Insiders Are Buying

Amplify Energy's (AMPY) CEO Martyn Willsher on Q2 2021 Results - Earnings Call Transcript

Amplify Energy (AMPY) delivered earnings and revenue surprises of 0.00% and 28.19%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Amplify Energy (AMPY) Meets Q2 Earnings Estimates

HOUSTON, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the second quarter of 2021 and updated its full-year 2021 guidance.

Amplify Energy Announces Second Quarter 2021 Results and Issues Updated Guidance

HOUSTON, July 21, 2021 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report second quarter 2021 financial and operating results after the U.S financial markets close on August 4, 2021. Management will host a conference call at 10:00 a.m. CT on August 5, 2021 to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (833) 883-4379 (Conference ID: 5076814) at least 15 minutes prior to the start of the call or via the internet at www.amplifyenergy.com. A replay of the call will be available on Amplify's website or by phone at (855) 859-2056 (Conference ID: 5076814) for a fourteen-day period following the call.

Amplify Energy Schedules Second Quarter 2021 Earnings Release and Conference Call

HOUSTON, July 12, 2021 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today that on July 8, 2021, the Company received notice from the New York Stock Exchange (“NYSE”) that it had regained compliance with the continued listing standards set forth in Item 802.01B of the NYSE Listed Company Manual.

Amplify Energy Announces Regaining of Compliance with NYSE Continued Listing Standards and Full Forgiveness of PPP Loan

Amplify appears to be trading at around 0.6x PDP PV-10 at current strip prices, factoring in the negative value of its hedges. Its market cap has gone up only $30 million since the beginning of March despite estimated PDP PV-10 at strip increasing by around $158 million since then.

Amplify Energy: Trading At A Significant Discount To PDP Reserve Value

Amplify Energy (AMPY) has moved higher as of late, but there could definitely be trouble on the horizon for this company

Amplify Energy (AMPY) Enters Overbought Territory

Amplify Energy's (AMPY) CEO Martyn Willsher on Q1 2021 Results - Earnings Call Transcript

HOUSTON, May 05, 2021 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the first quarter of 2021.

Amplify Energy Announces First Quarter 2021 Results

Investors need to pay close attention to Amplify Energy (AMPY) stock based on the movements in the options market lately.

Are Options Traders Betting on a Big Move in Amplify Energy (AMPY) Stock?

Amplify Energy (AMPY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Amplify Energy (AMPY) Stock Might be a Great Pick

Amplify Energy Corp (AMPY) CEO Martyn Willsher on Q4 2020 Results - Earnings Call Transcript

Amplify Energy (AMPY) delivered earnings and revenue surprises of -166.67% and -5.94%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Amplify Energy (AMPY) Reports Q4 Loss, Lags Revenue Estimates

Shares of Amplify Energy (NYSE:AMPY) moved higher by 2.5% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 35.38% over the past year to ($0.42), which missed the estimate of $0.05.

Recap: Amplify Energy Q4 Earnings

HOUSTON, March 11, 2021 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the fourth quarter 2020, year-end 2020 proved reserves and provided guidance for the full-year 2021.

Amplify Energy Announces Fourth Quarter 2020 Results, Year-End 2020 Proved Reserves and Full-Year 2021 Guidance

HOUSTON, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced today that it will report fourth quarter 2020 financial and operating results before the U.S financial markets open on March 11, 2021. Following the announcement, management will host a conference call at 10:00 a.m. CT to discuss the Company's results. Interested parties are invited to participate in the conference call by dialing (833) 883-4379 (Conference ID: 3731609) at least 15 minutes prior to the start of the call or via the internet at www.amplifyenergy.com. A replay of the call will be available on Amplify's website or by phone at (855) 859-2056 (Conference ID: 3731609) for a fourteen-day period following the call.

Amplify Energy Schedules Fourth Quarter 2020 Earnings Release and Conference Call

HOUSTON, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today the appointment of Patrice Douglas to the Company's Board of Directors (the “Board”). Ms. Douglas will serve on the Audit Committee of the Board.

Amplify Energy Announces Appointment of Patrice Douglas to its Board of Directors

HOUSTON, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today executive management and Board of Director changes effective January 19, 2021.

Amplify Energy Announces Appointment of Chief Executive Officer, Chief Financial Officer and Chairman of the Board

HOUSTON, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify”) today announced it has closed an underwritten public offering of 8,548,485 shares of its common stock by certain of its stockholders, which are affiliates of Fir Tree Capital Management L.P., at a price to the public of $1.15 per share.

Amplify Energy Successfully Closes Secondary Public Offering of Common Stock for Selling Stockholders

HOUSTON, Texas, Dec. 11, 2020 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify”) today announced the pricing of an underwritten public offering of 8,548,485 shares of its common stock by certain of its stockholders which are affiliates of Fir Tree Capital Management L.P., at a price to the public of $1.15 per share. The offering is expected to close on December 15, 2020, subject to customary closing conditions.

Amplify Energy Announces Pricing of Secondary Public Offering of Common Stock for Selling Stockholders

HOUSTON, Dec. 10, 2020 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify”) today announced the commencement of an underwritten public offering of 8,548,485 shares of its common stock by certain of its stockholders which are affiliates of Fir Tree Capital Management L.P.

Amplify Energy Announces Secondary Public Offering of Common Stock for Selling Stockholders

HOUSTON, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today that it has completed the regularly scheduled semi-annual redetermination of its revolving credit facility (“RCF”) borrowing base and entered into an amendment to its credit agreement. The redetermination reaffirmed the borrowing base at $260 million. The next regularly scheduled borrowing base redetermination is expected to occur in April 2021.

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